星期三, 11 6 月, 2025
Home PV Technology Chinese PV Companies Shift Focus to Power Stations for Profits

Chinese PV Companies Shift Focus to Power Stations for Profits

New growth region found amid ailing market for PV module makers
 
 Chinese PV module makers are turning investments away from module manufacturing into building solar power stations, amid bleak market prospects for PV-related products due to low market prices coupled with oversupply, and the upcoming EU sanctions on Chinese export of PV products, set to take place in June.

In the 2013 Q1 and 2012 annual reports, recent developments in two Chinese PV module manufacturers: Zhongli Science And Tech. Group Co., Ltd, Talesun (SHE: 002309) and Hareon Solar Technology Co., Ltd (SHA: 600401) are strong indicators of this trend. Although both companies posted substantial losses in Q1 of 2013, such losses are largely attributed to initial investments in overseas and domestic power station development projects, which are not expected to begin generating profits until Q3 or Q4 of this year. In particular, Zhongli is very optimistic that 2013 will end with profit gains for shareholders as turnover from power station ownership transfer deals starts kicking in later this year. Meanwhile, share prices for Hareon remain relatively high in the short term, as the company continues to receive a multitude of government subsidies and cash from its controlling shareholder Jiangsu Sunshine Co., Ltd (SHA:600220).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Analysis: UK’s solar power surges 42% after sunniest spring on record

The UK’s solar farms and rooftops generated more electricity than ever before in the first five months of 2025, as the country enjoyed its...

Envision Energy Partners with SUN Terra to Build Full-Chain Energy Storage Ecosystem

Envision Energy, a global leader in green technology, announced a strategic partnership with SUN Terra, Indonesia's leading renewable energy company, to advance collaboration on energy storage...

BRICS Industrial Innovation Contest 2025 Energy Electronics Industry Track Tryout Officially Launches

On the afternoon of May 29, the press conference for the 2025 BRICS Industrial Innovation Contest Energy Electronics Industry Track Tryout (referred to as...

Aramco’s Renewable Energy Breakthrough: Flow Battery Powers Gas Production

Aramco has achieved a global milestone by commissioning a megawatt-scale renewable energy storage system, using an Iron-Vanadium (Fe/V) flow battery to power gas production...